Technology

Bitcoin Lingers Near Lower Bound of Trading Range Amid Conflict

Bitcoin traded near the lower bound of its more-than-a-month-long trading range amid continued uncertainty about the fallout from the conflict in the Middle East.

Cryptocurrencies were lower across the board. Bitcoin - the largest by market value - dropped as much as 3.6% to $65,709 before paring the decline during New York trading. Ether fell as much as 5.9% and Solana dropped by a similar magnitude.